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Singapore slips to No 7 in global innovation; Switzerland is tops for 7th straight year

Nisha Ramchandani

Nisha Ramchandani

Published Thu, Jun 15, 2017 · 09:50 PM

    Singapore

    SINGAPORE slipped one spot to seventh in this year's global ranking of the world's most innovative countries, but emerged top among its peers in South-east Asia.

    In this year's Global Innovation Index, Switzerland kept its No 1 place for the seventh year in a row; Sweden, the Netherlands, the US and the UK rounded off the top five. All but one of the top 25 spots were taken by high-income economies; in 22nd place, China was the exception as an upper-middle-income economy.